title
PROPOSED LEASE AMENDMENT
Department: Department of Real Estate Management
Request: Request to Renew Lease Agreement
Landlord: County of Cook
Tenant: Amerco Real Estate Company
Location: 801 South Harlem Avenue, Forest Park, Illinois 60130
Term/Extension Period: 09/01/2026 - 08/31/2031
Space Occupied: Surface Parking Lot and Driveway(s)
Monthly Rent:
Term Start Term End Monthly Rent Annual
9/1/2026 8/31/2027 $1,101 $13,212
9/1/2027 8/31/2028 $1,134 $13,608
9/1/2028 8/31/2029 $1,168 $14,016
9/1/2029 8/31/2030 $1,203 $14,436
9/1/2030 8/31/2031 $1,239 $14,868
Fiscal Impact $70,140
Fiscal Impact: Revenue Generating: $70,140 (term of lease)
Accounts: 11000.1031.12275.407015
Option to Renew: N/A
Termination: N/A
Utilities Included: N/A
Summary: Requesting approval of the Fifth Amendment to renew the lease between the County of Cook, a body politic and corporate of the State of Illinois ("Landlord"), and Amerco Real Estate Company (“Tenant”). Amerco currently leases a certain surface parking lot and driveway(s) located adjacent to real property commonly known as 801 South Harlem Avenue, Forest Park, Illinois 60130.
Approval is recommended.
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